April 9, 2013: evil hoarders (people who have a higher demand for Bitcoin than I think they should have) are driving the Bitcoin price up.

April 11, 2013: evil exchanges (people who didn't invest as much in the quality of their exchange platforms as I think they should) crashed the price of Bitcoin!

April 12-May 1, 2013: Evil speculators (people who buy and sell Bitcoin when I think they should not) and evil manipulators (people who bring fiat currency into Bitcoin when I think they should not) are driving the price of Bitcoin up, down, and all over the map.

May 3, 2013: Evil alt-coin creators (competitors who create similar products that I think they should not create) are driving the price of Bitcoin down.

I would be so much better off, if other people did not have the freedom to do these things that I wish they would not do.  Therefore, these people must be evil.

Posts outside of this forum, and even here, are full of comments talking about early adopter unfairness...

How can people on the one hand call investors "suckers taking crazy risk with a nerdy fantasy currency" and in the same breath call them "unfair beneficiaries of an early adopter scheme" when their risk actually pays off?

No one stopped you from investing in bitcoins or getting in early (and no one is stopping you now, either). You didn't do it because you were averse to the risk. So, stop complaining about how it's "unfair."

This is like a bailout in reverse: Take the risk that goes with speculation, but Lose you lose, and win you get accused of unfairness.

Transcranial direct current stimulation (tDCS) is a form of neurostimulation which uses constant, low current delivered directly to the brain area of interest via small electrodes. tDCS was originally developed to help patients with brain injuries such as strokes. Tests on healthy adults demonstrated that tDCS can increase cognitive performance on a variety of tasks, depending on the area of the brain being stimulated. tDCS has been utilized to enhance language and mathematical ability, attention span, problem solving, memory, and coordination.

So lets say I claim large number "x" is a new prime number. Miners have an incentive to prove that it is not by trying tons of factors to verify that it is not prime.

Lets say if a factor is not found for a new number in "t" amount of time it can be assumed to be safely prime and that number can be spent. As long as miners have not found a factors of the numbers you've stake, your claim of a prime number coin remains valid.

Factoring 100-digit numbers is easy with today's hardware and algorithms. No public effort has yet resulted in successful factoring of numbers of more than 200 digits. Advances in both computer hardware and number theory, though, are expected to advance the state of the art. One purpose of this contest was to "track" the state of the art in factoring

RSA-768
Status: Factored
Decimal Digits: 232
12301866845301177551304949583849627207728535695953
34792197322452151726400507263657518745202199786469
38995647494277406384592519255732630345373154826850
79170261221429134616704292143116022212404792747377
94080665351419597459856902143413

The factors are:

334780716989568987860441698482126908177047
949837137685689124313889828837938780022876
14711652531743087737814467999489

and

3674604366679959042824463379962795263227915
8164343087642676032283815739666511279233373
417143396810270092798736308917

The effort took almost 2000 2.2GHz-Opteron-CPU years according to the submitters, just short of 3 years of calendar time.

People mostly from lower classes who were sucked into the vortex of reportedly Rs 17000-20,000 crore scam - biggest perhaps in the history of the State - engaged in street fights somewhere with the police and somewhere with Trinamool activists and ransacked the offices of Shardha group, the biggest of the micro-finance groups that downed its shutters over the past few weeks after  defaulting on the  payment of returns.

That's nonsense. In fact the forex market is one of the few professional financial markets that is distributed.
http://en.wikipedia.org/wiki/Forex

I don't understand the obsession with decentralization. It might be useful but there are many successful financial exchanges that are centralized.

Can anyone point me in the right direction?

there are plenty of services you can hire to rent out "computing power"
what does this really have to do with a "currency"
it just sounds like you want to rent hashing power to people or am i wrong

What is the easiest way to purchase litecoins using bitcoin?

My Idea is to somehow take the hashing power of mining pools,and allow organizations to buy it up for applications such as Folding at home.
We need some sort of centralization to rent out hashing power,why not use mining pools?

Guys guys guys! Please stop using them coins as trade commodities.

Speaking theoretically, Let me list why certain famous coins are not sustainable or needed or flawed.
+ Novacoin is simply a mix of ltc and ppc. It was premined and that was such a disadvantage that btc-e destroyed the nvc it got as donation when nvc was launched. NVC's demand exceeded that of LTC after 1 week of its launch, while LTC was an year old. Somebody was pumping really hard on btc-e. Scam all over.
+ Terracoin is simply a copy of BTC. It had flaws when it started which were later corrected though. Since it offers no advantage over btc it is useless in my opinion. Infact, if they allow merged mining you will see that mining for TRC will stop all together. If you are going for BTC copies guys why not create your own? afterall, BTC is open source.
+ Freicoin is joke with 80% going to the foundation for first 3 years.

The only usefull currencies are :
+ LTC , it is faster. If you look closely it requires local memory. GPUs have high local memory so now people are mining LTC with GPUs. Infact this fast memory requirement is why it is called ASIC and FPGA proof. It is not actually ASIC/FPGA proof but building fast memory into them is expensive and not worth it. Also it will give very less advantage so wont likely be implemented soon.
+ PPC is actually a technological improvement. Reading the paper, you see that proof-of-work is replaced by proof-of-stake, except for initial minting. This makes it both energy efficient and more resistant to 51% attack. The current problem is that is not decentralized due to 'central checkpointing' but this is going to be faded away slowly. Once it is fully decentralized, it should be a true competitor to btc. theoretically.
+ Namecoins is most useful of coins practically. Essentially it binds a key-value pair into the coins. This property can be used to develop various exciting systems such as p2p DNS system that cannot be banned!, alias for a user, building a 'WebOfTrust', broadcasting messages, tracker for torrents etc. It is really silly why any would even sell their namecoins! You can confirm their silliness by asking them if they know about '.bit' domains, then watch there clueless faces, laugh internally and grab their namecoins. Say Thank you.

But but but, I could be wrong in saying this , but there simply not enough volume in India for PPC,NMC or even LTC. Hell, at the time of writing I have not been able to purchase even BTC at the prevelant rates for past 1 month!!! If anything is to be included in the exchange, I highly recommend analysing the volume of it first.